522 Rhea Street, Long Beach

Long Beach Home For Sale

THIS 4-UNIT PROPERTY IS A RARE FIND FOR INVERSTORS Looking for Great Income, with a Current Gross Schedule Income of $140,100 per Year!!! Also, a Great Opportunity to Transition this Property into a Group Home!!! The Entire Building was Totally Remodeled Down to the Studs in 2019.The Property Currently has a Newer Roof, Newer Copper Plumbing Throughout, Newer Windows, Newer Interior & Exterior Paint, Newer Laminated Wood and Tile Flooring throughout, Recess Lighting Throughout, Remodeled Kitchens with Newer Wood Cabinets, Granite Countertops, Newer Refrigerators, Stoves, Microwaves, Washers & Dryers, That's Included with the Purchase!! This 4-Unit Building Offers (THREE) 4/Bedrooms 2/Bathrooms & (ONE) 3/Bedrooms with 1/Bathroom. Each Unit is Individually Metered with Gas & Electricity and Currently the Building is 100% Tenant Occupied. This Property Offers Great Gated Parking for Tenants, with (8) Inside Parking Spaces. This Property Wont Last!!

Property Details

522 Rhea StreetLot Size: 0.15Bedrooms: 15Bathrooms: 7Price: $1,850,000Zip: 90806
MLS® #: PW24016535Neighborhood: Poly High (PH)Levels: TwoSchool District: Days on Market: 94Listed By: Marvin Malone, Amberwood Real Estate, Inc.

Sales Agent

Beach Cities Real Estate
  • Beach Cities Real Estate
  • Phone: (888) 990-7111
  • Cell: (888) 990-7111
  • Contact Agent Now

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Additional Information

  • City:
    Long Beach
  • County:
    Los Angeles
  • Zip:
    90806
  • MLS® #:
    PW24016535
  • Bedrooms:
    15
  • Bathrooms:
    7
  • Lot Size:
    0.15
  • Neighborhood:
    Poly High (PH)
  • Levels:
    Two
  • HOA Dues:
    $

Price Change History for 522 Rhea Street, Long Beach, (MLS® #PW24016535)

Date Details Price Change
Price Reduced $1,850,000 $49,000 (2.58%)
Price Reduced (from $1,925,000) $1,899,000 $26,000 (1.35%)
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Based on information from California Regional Multiple Listing Service, Inc. as of May 3rd, 2024 at 4:55pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.